Today's Flooring News

Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.

Homebuilder Sentiment Declines in June

Homebuilder Sentiment Declines in June

Washington, DC, June 16, 2011 -- U.S. homebuilder sentiment unexpectedly fell in June to its lowest level since September 2010 as the market continued to struggle, the National Association of Home Builders said.

Shaw To Manufacture Carpet Tile in China

Shaw To Manufacture Carpet Tile in China

Dalton, GA, June 16, 2011 -- Shaw said at NeoCon that it plans to open a carpet tile manufacturing facility in China and to expand its carpet tile manufacturing in Cartersville, Georgia to support its global and domestic business.

Mannington Names Winners of Design Challenge

Mannington Names Winners of Design Challenge

Chicago, IL, June 16, 2011 -- Mannington Commercial has announced the two grand prize winners in the third year of its tx:style design challenge: A la mode by Sara Meier and Coastal Rocks by Paul Lewandowski.

Credit Card Late Payments at Pre-Recession Rates

New York, NY, June 16, 2011 -- Late payments on credit cards have fallen to rates seen before the Great Recession, and defaults are also heading close to normal levels, according to a series of regulatory filings.

NeoCon Shows Robust Commercial Demand

NeoCon Shows Robust Commercial Demand

Chicago, IL, June 15, 2011 -- Overall demand for commercial interiors remains robust despite the lack of new commercial construction and recent signs of slowing economic activity.

Mortgage Applications for Refinancing Surge

Mortgage Applications for Refinancing Surge

Washington, DC, June 15, 2011 -- Mortgage application volume rose the most in three months, fueled by demand for refinancing as interest rates continued to fall, according to the Mortgage Bankers Association.